Wall Street was positioned for a stronger opening on September 30 as investors reacted to inflation data that came in softer than expected.
The move helped ease some concerns that persistent inflation could force interest rates higher.
Financial markets have been closely watching inflation because it remains one of the biggest factors influencing monetary policy, bond yields and company valuations.
Higher interest rates generally increase borrowing costs for businesses and consumers while also affecting the value investors are willing to place on future corporate earnings.
Recent increases in Treasury yields had created additional pressure on equity markets.
Technology companies are particularly sensitive to major changes in rates because many carry valuations based heavily on expectations for future growth.
Investors are also monitoring corporate earnings and the rapidly expanding artificial intelligence sector, which continues to influence some of the world's largest publicly traded companies.
September has produced significant volatility across bonds, currencies, commodities and equities.
The latest inflation reading provided some relief, although investors will continue watching upcoming economic indicators for clues about the direction of monetary policy.
